Jul 23, 2011 12:23
12 yrs ago
45 viewers *
Spanish term

la llevanza del Registro Contable

Spanish to English Bus/Financial Law (general) Articles of association
El capital social es de 106.532.449,50 euros, representado por 213.064.899 acciones ordinarias de 0,50 euros de valor nominal cada una, íntegramente suscritas y desembolsadas, pertenecientes a la misma clase y serie, y numeradas correlativamente del 1 al 213.064.899, ambos inclusive.

Las acciones estarán representadas por medio de anotaciones en cuenta, rigiéndose por la normativa del mercado de valores. La llevanza del Registro Contable corresponderá a la Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A. (Iberclear) y a sus entidades participantes


I have translated this as 'book-entry registry' of course this refers to registry of shares/registering shares is the responsibility of iberclear.

Proposed translations

1 hr
Selected

maintaining the Accounting/Book Entry Records (SEE BELOW)

I prefer Book Entry Records to Accounting Records.

These people (IBERCLEAR) were clients of mine for many years.

Las acciones estarán representadas por medio de anotaciones en cuenta, rigiéndose por la normativa del mercado de valores. La llevanza del Registro Contable corresponderá a la Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A. (Iberclear) y a sus entidades participantes

Shares shall be represented by book enty, governed by securities market legislation, and Soc...S.A. and its member entities shall be responsible for maintaining Accounting/Book Entry Records.

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Note added at 1 hr (2011-07-23 14:03:50 GMT)
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that should be book entry

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Note added at 4 hrs (2011-07-23 16:26:28 GMT)
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The Treasury and federal agencies are moving to a book-entry system in which securities are not represented by engraved pieces of paper but are maintained in computerized records at the
Fed in the names of member banks, which in turn keep records of the securities they own as well as those they
are holding for customers. In the case of other securities where a book-entry has developed, engraved
securities do exist somewhere in quite a few cases. These securities do not move from holder to holder but are
usually kept in a central clearinghouse or by another agent.

http://www.insuranceage.co.uk/professional-broking/analysis/...
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4 KudoZ points awarded for this answer. Comment: "This is brilliant, thank you. Initially I stuck to book entry registry.. but records appears to be more accurate. Thank you"
9 mins

the keeping of the Accounting Record

There are many ways to express this. By "llevanza" I assume what is meant is the keeping or recording of this record or registry.

Mike
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